NFO Alert: Aditya Birla Sun Life Mutual Fund Launches CRISIL-IBX Financial Services 9-12M Debt Index Fund

Aditya Birla Sun Life Mutual Fund has launched the CRISIL-IBX Financial Services 9-12M Debt Index Fund, an open-ended low-duration debt scheme. The fund aims to generate returns corresponding to the CRISIL-IBX Financial Services 9-12 Months Debt Index before expenses, subject to tracking errors. 

The NFO opens on March 18, 2025, and closes on March 20, 2025.

Investment Objective

The scheme invests in debt securities from the financial services sector with a portfolio duration ranging from 9 to 12 months. It follows a passive investment approach, aiming to replicate the index’s performance without active management interventions.

Fund Details

• Fund House: Aditya Birla Sun Life Mutual Fund.
• Category: Debt – Low Duration.
• Type: Open-ended Index Fund.
• Benchmark: CRISIL-IBX Financial Services 9-12 Months Debt Index.
• Plans Available: Growth, IDCW (Income Distribution cum Capital Withdrawal).
• Minimum Investment: ₹1,000.
• Lock-in Period: None.
• Exit Load: Nil.
• Riskometer: Low to Moderate.

Fund Management

The scheme is managed by Mohit Sharma, who oversees the portfolio composition in line with the benchmark index. Computer Age Management Services Ltd. (CAMS) serves as the Registrar & Transfer Agent for the fund.

The fund may appeal to investors seeking short-term debt exposure with relatively low risk. It primarily targets those looking for fixed-income investments with a defined maturity range and limited volatility.

Conclusion 

Since this is an open-ended fund, investors can subscribe or redeem units post-NFO without any exit load or lock-in restrictions. The passive nature of the fund ensures index-linked allocation without active management decisions affecting returns.

This fund follows a structured investment strategy in alignment with its benchmark index and provides an option for debt-focused investors looking at a short-term horizon.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.